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Chip Crisis Follows U.S. Tariffs: Volkswagen in Germany Records Over 1 Billion-Euro Net Loss in Q3
2025-10-31 /
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Author：小编
On October 30, Volkswagen, the renowned German automaker, unveiled its financial report for the third quarter, showing a net loss of 1.07 billion euros. This marks the company's first quarterly loss in five years. Over the first nine months of this year, Volkswagen's net profit plummeted by more than 60% year-on-year, going from 8.8 billion euros down to 3.4 billion euros. The key factors contributing to this loss encompass a rise in the production of electric vehicles with relatively low profit margins, the impact of U.S. tariffs, strategic shifts at Porsche, and goodwill impairment, to name a few.
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